Join consultation on Making Tax Digital
BAGMA members are invited to take part in a consultation ahead of the Government’s efforts into Making Tax Digital (MTD).
In July, the Government published ‘Building a trusted, modern tax administration system’, which set out a vision for the future of tax administration in the United Kingdom, designed to improve its resilience, effectiveness and support for taxpayers.
As part of this, the Government announced a progressive extension of Making Tax Digital (MTD), notifying the intention to consult later in the year on the design of what the MTD system should look like for Corporation Tax (CT).
As businesses increasingly embrace digital ways of working, a consultation on the design of MTD for Corporation Tax (CT) has now been launched. This consultation will remain open for 16 weeks. Further information can be found here: https://www.gov.uk/government/consultations/making-tax-digital-for-corporation-tax.
The Government is keen that stakeholder views shape the design of Making Tax Digital for CT from the start and would like to encourage a broad range of stakeholders to contribute their thoughts on the CT proposals. Views are invited through a number of methods, including via email and post (contact details for this can be found in the consultation document).
Digital events will be announced at a later date.